Dark Mode Light Mode
What Is Sex Wellness?
UAE Stocks Gain $16.6 Billion This Week As Real Estate And Industry Thrive
Torres Joalheiros Receives Haute Horlogerie From Chanel

UAE Stocks Gain $16.6 Billion This Week As Real Estate And Industry Thrive

UAE stock markets crept closer to $1tn market cap after seeing major gains this week. UAE stock markets consolidated their gains during this week’s trading and market capitalisation gained nearly AED61bn ($16.6bn), supported by gains in real estate, financial and industrial shares. The Abu Dhabi market was boosted by the rise in real estate sector 3.1 per cent, industrial sector 2.96 per cent, financial sector 1.87 per cent, energy sector 1.48 per cent, telecoms sector 1.08 per cent and utilities sector 5.53 per cent.
blank blank
#image_title
Neubauer Artists LLC
Getting your Trinity Audio player ready...

The market gains were AED52.8bn ($14.4bn) for the Abu Dhabi Securities Exchange (ADX) and AED8bn ($2.2bn) for the Dubai Financial Market (DFM).

The market capitalisation of listed shares rose from AED3.531tn ($961bn) in last Friday’s session to AED3.591tn ($978bn) by the end of Friday, September 6, with AED2.858tn ($778bn) for ADX-listed shares and AED733.3bn ($200bn) for DFM-listed shares.

UAE stock market gains

The FTSE ADX General Index (FADGI) rose by 1.75 per cent, or 163.12 points, to close at 9448.05 points, while the FTSE ADX 15 index (FADX15) rose by 1.52 per cent, gaining about 140.4 points to close at 9362.89 points.

The General Index of the DFM rose by 1.1 percent, or 47.4 points, to close at 4,372.87 points, supported by gains in the real estate sector by 3.2 per cent, the financial sector by 1.38 per cent, the telecoms sector by 1.11 per cent, and the industrial sector by 0.48 per cent.

Previous Post
blank

What Is Sex Wellness?

Next Post
blank

Torres Joalheiros Receives Haute Horlogerie From Chanel